Griffiss Institute

The Griffiss Institute, established in 2002 in Rome, New York, is an independent nonprofit organization dedicated to fostering collaboration among private industry, academia, and government to address critical cybersecurity challenges. It serves as an innovation center and business incubator, offering training, facilities, and infrastructure to support the development of new technologies. By partnering with the Air Force Research Lab (AFRL) Information Directorate, the institute aims to enhance the security of the nation's cyber infrastructure while stimulating the growth of the technology sector in Upstate New York. The Griffiss Institute creates a collaborative research environment that encourages innovation in information assurance and facilitates the emergence of new business opportunities. It is also a member of the Business Incubation Association of New York State.

Heather Hage

CEO and President

9 past transactions

EMPEQ

Grant in 2023
EMPEQ is a technology company that specializes in developing software solutions aimed at enhancing energy efficiency in commercial buildings. Its innovative SaaS product leverages computer vision to identify various mechanical and electronic equipment, providing critical insights such as age, remaining useful life, country of origin, and part authenticity. This technology is particularly valuable for professionals who maintain and repair critical infrastructure, enabling them to make informed decisions quickly at the field edge. By removing upfront cost barriers associated with energy-efficient upgrades, EMPEQ's software facilitates access for small to mid-sized organizations to adopt energy-efficient equipment more easily, thereby promoting sustainability within the energy sector.

Accessible Automation

Grant in 2023
Accessible Automation is a long-distance wireless systems for home, business, and government applications. Accessible Automation initial product is a wireless thermostat that allows to control the temperature of your house from the comfort of your couch.

CyberSpara

Grant in 2023
CyberSpara is a cybersecurity company focused on enhancing the security and privacy of internet users and organizations. The company employs a simulation-based educational model that incorporates gamification principles to instruct users on common vulnerabilities associated with social media platforms. Their Digital-PASS initiative empowers individuals to recognize and mitigate security threats online. Additionally, CyberSpara provides a platform designed to help enterprises identify vulnerabilities, safeguard data from cyberattacks, and facilitate the migration to secure cloud environments. This comprehensive approach enables organizations to effectively prevent and manage cyber risks, ensuring a robust defense against a variety of digital threats.

BosonQ Psi

Seed Round in 2023
BosonQ Psi is a simulation software startup focused on enhancing advanced computational simulations through quantum computing. The company's flagship product, BQPhy, integrates novel quantum algorithms into engineering solvers, enabling significant cost and time savings—ranging from $500,000 to $2 million—in production and computing for highly engineered products in the aerospace and electric vehicle sectors. BosonQ Psi's software facilitates multiphysics simulations, allowing clients to analyze complex industrial processes, including computational fluid dynamics, structural dynamics, heat transfer, and multidisciplinary optimization. The company has established a foothold with end-users in aerospace, automotive industries, government research labs, and other quantum technology firms, positioning itself at the forefront of the evolving landscape of quantum computing and simulation.

Paterson Aerospace Systems

Grant in 2023
Paterson Aerospace Systems is a pioneering company dedicated to fostering sustainability in the aerospace sector. It focuses on research and development to create innovative technologies that address key challenges in space travel, with the ultimate goal of enabling a sustainable human presence beyond Earth. The company's work spans across spacecraft propulsion, resource utilization in space, and life support systems for space habitats, thereby facilitating progress in space exploration.

Drone city

Grant in 2023
Drone city creates elegantly designed drones and controlled with safety and quality in mind. They take pride in developing a people-friendly drone delivery service and drones are outfitted with advanced sensors, cutting-edge spatial awareness technologies, and automatic safety parachute mechanisms.

LLume

Grant in 2023
LLume is a technology company that specializes in advanced sensing solutions for biometrics and kinematics. It has developed a soft and stretchable fiber optic sensor that employs light to accurately monitor movement, pulse, and breathing rate through the measurement of chest expansion and vibrations. This innovative approach allows athletes and users to gain actionable insights into their fatigue, recovery, and performance levels. By focusing on precise measurement techniques, LLume aims to enhance the understanding of physical conditions and improve overall athletic performance.

Imagine Aerial

Grant in 2023
Imagine Aerial uses advanced UAS (drone) technology to acquire large, complex, and detailed datasets that it distributes to its clients in concise, easy-to-use packets from which it is developing its own Intellectual Property in collaboration with the Air Force Research Labs and the US Department of Defense.

ThermoAI

Convertible Note in 2022
ThermoAI is a developer of advanced sensor technology and proprietary machine learning algorithms aimed at optimizing industrial combustion processes. By leveraging IoT and AI, the company’s systems continuously monitor various factors such as moisture content, atmospheric pressure, and air intake levels to enhance combustion efficiency. This technology enables power plant operators to achieve near-perfect chemical reactions, resulting in significant fuel savings, increased energy output, and extended lifespans for expensive equipment. Additionally, ThermoAI's solutions contribute to lowering emissions, thereby supporting environmental sustainability while improving operational performance in power generation facilities.
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